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Brady (BRC) E10 : $2.12 (As of Jan. 2024)


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What is Brady E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Brady's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.12 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Brady's average E10 Growth Rate was 54.70% per year. During the past 3 years, the average E10 Growth Rate was 37.60% per year. During the past 5 years, the average E10 Growth Rate was 23.30% per year. During the past 10 years, the average E10 Growth Rate was 2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Brady was 37.60% per year. The lowest was -18.40% per year. And the median was 4.80% per year.

As of today (2024-04-27), Brady's current stock price is $59.52. Brady's E10 for the quarter that ended in Jan. 2024 was $2.12. Brady's Shiller PE Ratio of today is 28.08.

During the past 13 years, the highest Shiller PE Ratio of Brady was 76.04. The lowest was 19.13. And the median was 42.41.


Brady E10 Historical Data

The historical data trend for Brady's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brady E10 Chart

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.78 0.82 1.24 2.03

Brady Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 1.47 2.03 2.08 2.12

Competitive Comparison of Brady's E10

For the Security & Protection Services subindustry, Brady's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brady's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brady's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brady's Shiller PE Ratio falls into.



Brady E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Brady's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.9/129.4194*129.4194
=0.900

Current CPI (Jan. 2024) = 129.4194.

Brady Quarterly Data

per share eps CPI Adj_EPS
201404 0.460 100.023 0.595
201407 -2.150 100.520 -2.768
201410 0.260 100.176 0.336
201501 0.230 98.604 0.302
201504 0.330 99.824 0.428
201507 -0.770 100.691 -0.990
201510 0.370 100.346 0.477
201601 0.300 99.957 0.388
201604 0.420 100.947 0.538
201607 0.490 101.524 0.625
201610 0.440 101.988 0.558
201701 0.490 102.456 0.619
201704 0.430 103.167 0.539
201707 0.480 103.278 0.601
201710 0.490 104.070 0.609
201801 0.080 104.578 0.099
201804 0.490 105.708 0.600
201807 0.660 106.324 0.803
201810 0.580 106.695 0.704
201901 0.550 106.200 0.670
201904 0.650 107.818 0.780
201907 0.680 108.250 0.813
201910 0.700 108.577 0.834
202001 0.620 108.841 0.737
202004 0.260 108.173 0.311
202007 0.530 109.318 0.627
202010 0.640 109.861 0.754
202101 0.590 110.364 0.692
202104 0.710 112.673 0.816
202107 0.530 115.183 0.596
202110 0.670 116.696 0.743
202201 0.650 118.619 0.709
202204 0.780 121.978 0.828
202207 0.810 125.002 0.839
202210 0.790 125.734 0.813
202301 0.760 126.223 0.779
202304 0.960 127.992 0.971
202307 1.000 128.974 1.003
202310 0.970 129.810 0.967
202401 0.900 129.419 0.900

Add all the adjusted EPS together and divide 10 will get our e10.


Brady  (NYSE:BRC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Brady's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.52/2.12
=28.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Brady was 76.04. The lowest was 19.13. And the median was 42.41.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Brady E10 Related Terms

Thank you for viewing the detailed overview of Brady's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Brady (BRC) Business Description

Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Executives
Bentley Curran officer: VP Chief Information Officer 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms officer: President - EMEA & Australia 6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski officer: President, Identification Soln C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris director 244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins director XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala director 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman officer: General Counsel&Corp Secretary 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman officer: VP & GM Workplace Safety 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer officer: SR VP CFO 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini officer: SR VP - GENERAL COUNSEL P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman director, officer: President & CEO C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson director